"Europe Needs to Set Energy Transition into Motion”

Image: AccionaImage: Acciona
ACCIONA’s Chairman calls out for Europe to reduce its conventional power generation

Official Press Release Acciona:

José Manuel Entrecanales “Europe needs to reduce its conventional generation to change its energy model”

“Europe needs to reduce its conventional generation capacity to attract investments that will set the energy transition into motion”, said José Manuel Entrecanales, Chairman and CEO of ACCIONA.

In his speech during the High Level Conference on Sustainable Finance, Mr Entrecanales highlighted that “we cannot forget that Europe is competing to attract capital, up against other markets that are currently more attractive for sustainable investment. “It’s essential to capture direct investors for projects associated with a low-carbon economic model in every sector, particularly in energy”, he said. Mr. Entrecanales spoke alongside Michael Bloomberg, former mayor of New York and UN’s Special Envoy for Climate Action, and Emmanuel Macron,... ... More: Official Press Release Acciona

Acciona, sustainability, Europe, energy transition, Action Plan, decarbonisation

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